We’re thrilled to announce that FiberX has been awarded a $25,000 Innovation Voucher matching grant from Elevate Ventures through the Indiana Innovation Voucher Program. This grant, in partnership with Purdue University, will play a crucial role in advancing our groundbreaking adhesive resin technology derived from corn stover.
The Indiana Innovation Voucher Program is designed to foster collaboration between innovative companies and Indiana’s premier research institutions. For FiberX, this grant represents not just financial support, but also a vote of confidence in our mission to revolutionize the adhesive industry with high-performance sustainable, bio-based solutions.
“This Innovation Voucher from Elevate Ventures is a significant milestone for FiberX,” FiberX president and CEO Dave Skibinski said. “It will accelerate our research and development efforts in partnership with Purdue University, bringing us closer to commercializing our novel adhesive resin technology. We’re grateful for the support of Elevate Ventures and excited to deepen our collaboration with Purdue’s world-class researchers.”
The $25,000 matching grant will be instrumental in advancing several key aspects of our adhesive resin technology:
- Optimizing the lignin extraction and depolymerization process from corn stover
- Refining the formulation of our bio-based adhesive resin
- Conducting comprehensive performance testing to meet industry standards
Our partnership with Purdue University has been integral to the development of our technology, and this grant will further strengthen that collaboration. By combining FiberX’s innovative corn stover supply chain with Purdue’s cutting-edge expertise and research facilities, we’re poised to make significant strides in creating a more sustainable future for the adhesives industry.
This Innovation Voucher aligns perfectly with our commitment to upcycling agricultural residue into high-value, sustainable products. As we work to replace petroleum-based adhesives with our corn stover-derived alternative, we’re not just creating a new product – we’re pioneering a new approach to manufacturing that benefits farmers, industry, and the environment.
The support from Elevate Ventures and the partnership with Purdue University underscore the potential of our technology to make a real impact. As we move forward, we’re excited about the possibilities this grant opens up:
- Accelerated product development timeline
- Enhanced product performance and consistency
- Improved scalability of our manufacturing processes
- Increased opportunities for industry partnerships and collaborations
We look forward to sharing updates on our progress as we put this Innovation Voucher to work. Stay tuned for more exciting developments as we continue to push the boundaries of high-performance sustainable materials science and work towards a greener, more circular economy.
This grant is not just an investment in FiberX – it’s an investment in the future of sustainable manufacturing in Indiana and beyond. We’re honored to be at the forefront of this innovation and grateful for the support of Elevate Ventures, Purdue University, and the entire Indiana innovation ecosystem.
